Yeah, everyone's been hearing about that one. I'm sure you've seen the concept car pics of that thing a while back. Regardless, not too sure if it will have a 6-speed but that won't surprise me - it could use it. But it's really only going to be a hot-rodded up S60 T5 (ie. ECU re-mapping with more aggressive boost and fuel maps probably). It's not going to have twin turbos. And with 300 HP, it might be able to run with the S4 but Audi has a brand new one coming out pretty soon too and I'm sure it will have more HP than the 250 of the current generation. And as for competing with the M3, you're dreaming. But I applaud Volvo for actually coming out with an S60R - I just hope they don't kill off the C70 as I've heard rumours of this on the board recently.